Relations de crédit de long terme et structure des marchés bancaires locaux
Abstract[eng] Long-term credit relationships and the structure of local banking markets. . This paper provides a spatial competition model of the banking sector, in which banks and firms can endure long-term relationships. We show that the fraction of borrowers with long-term contracts depends negatively on the number of banks. Considering sunk costs, we then show that the existence of long-term contracts leads to a decrease in the equilibrium number of banks. [fre] Cet article prÃ©sente un modÃ¨le de concurrence spatiale du secteur bancaire, dans lequel les banques et les entreprises peuvent engager des relations de crÃ©Âdit de long terme. On montre que la proportion des emprunteurs ayant recours Ã des contrats de long terme dÃ©pend nÃ©gativement du nombre de banques. En considÃ©rant l'existence de coÃ»ts fixes non rÃ©cupÃ©rables, on montre ensuite que la prÃ©sence de contrats de long terme dans l'Ã©conomie implique un accroissement de la concentration du marchÃ© bancaire.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue économique.
Volume (Year): n° 47 (1996)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.cairn.info/revue-economique.htm
Other versions of this item:
- Nicolas Eber, 1996. "Relations de crédit de long terme et structure des marchés bancaires locaux," Revue Économique, Programme National Persée, vol. 47(3), pages 755-764.
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Hans Degryse & Steven Ongena, 2002.
"Bank-Firm Relationships and International Banking Markets,"
International Journal of the Economics of Business,
Taylor & Francis Journals, vol. 9(3), pages 401-417.
- Degryse, H.A. & Ongena, S., 2002. "Bank-firm relationships and international banking markets," Open Access publications from Tilburg University urn:nbn:nl:ui:12-92220, Tilburg University.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.